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2191-2195 Northdale Blvd NW 2,816 SF Office Condo Units Offered at $372,500 Per Unit in Coon Rapids, MN 55433
Investment Highlights
- Excellent access and visibility to Hwy 10
- Ample parking
- Professionally constructed, Class B office building with two levels per unit
- Fully sprinklered interiors for enhanced safety and compliance
Executive Summary
Northdale Commons presents an excellent opportunity for investment or owner-occupation in the growing Coon Rapids market. This two-unit office condominium property offers professional, well-maintained spaces within a Class B office building. Built in 2005 with recent capital improvements, both units feature two levels with efficient layouts, private offices, conference rooms, kitchenettes, sprinklers, and walkout basements. Located along Northdale Boulevard with quick connectivity to Highway 10 and major regional routes, the site offers strong accessibility and visibility. Ample on-site parking adds convenience for employees and visitors.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
These two professionally finished office condos offer a functional two-level design with sprinkler systems throughout, private offices, conference rooms, collaborative areas, kitchenettes, and private restrooms. Each unit includes a walkout basement, large windows for natural light, and quality construction finishes
Sale Notes
Available for purchase as a portfolio or individually, these office condos offer a combined 5,632 SF or can be acquired one at a time at $372,500 per unit ($745,000 total). Both condos are fully leased with agreements in place through late 2026, providing stable income and an attractive in-place cap rate of approximately 7.5%. This setup makes the offering appealing for both investors seeking cash flow and users planning for long-term occupancy.
| Sale Type | Investment or Owner User | Cap Rate | 7.50% |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
Description
These two professionally finished office condos offer a functional two-level design with sprinkler systems throughout, private offices, conference rooms, collaborative areas, kitchenettes, and private restrooms. Each unit includes a walkout basement, large windows for natural light, and quality construction finishes
Sale Notes
Available for purchase as a portfolio or individually, these office condos offer a combined 5,632 SF or can be acquired one at a time at $372,500 per unit ($745,000 total). Both condos are fully leased with agreements in place through late 2026, providing stable income and an attractive in-place cap rate of approximately 7.5%. This setup makes the offering appealing for both investors seeking cash flow and users planning for long-term occupancy.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2191 | 2,816 SF | Office | $372,500 ($132.28/SF) | - |
| Unit 2195 | 2,816 SF | Office | $372,500 ($132.28/SF) | $27,937.50 |
Unit 2191
| Unit Size |
| 2,816 SF |
| Condo Use |
| Office |
| Price |
| $372,500 ($132.28/SF) |
| NOI |
| - |
Unit 2195
| Unit Size |
| 2,816 SF |
| Condo Use |
| Office |
| Price |
| $372,500 ($132.28/SF) |
| NOI |
| $27,937.50 |
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Map
Unit 2191
| Unit Size | 2,816 SF |
| Condo Use | Office |
| Price | $372,500 ($132.28/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| These two professionally finished office condos offer a functional two-level design with sprinkler systems throughout, private offices, conference rooms, collaborative areas, kitchenettes, and private restrooms. Each unit includes a walkout basement, large windows for natural light, and quality construction finishes</li></ul> | |
| Sale Notes | |
| Available for purchase as a portfolio or individually, these office condos offer a combined 5,632 SF or can be acquired one at a time at $372,500 per unit ($745,000 total). Both condos are fully leased with agreements in place through late 2026, providing stable income and an attractive in-place cap rate of approximately 7.5%. This setup makes the offering appealing for both investors seeking cash flow and users planning for long-term occupancy.</li></ul> |
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 2195
| Unit Size | 2,816 SF |
| Condo Use | Office |
| Price | $372,500 ($132.28/SF) |
| NOI | $27,937.50 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
| Description | |
| These two professionally finished office condos offer a functional two-level design with sprinkler systems throughout, private offices, conference rooms, collaborative areas, kitchenettes, and private restrooms. Each unit includes a walkout basement, large windows for natural light, and quality construction finishes</li></ul> | |
| Sale Notes | |
| Available for purchase as a portfolio or individually, these office condos offer a combined 5,632 SF or can be acquired one at a time at $372,500 per unit ($745,000 total). Both condos are fully leased with agreements in place through late 2026, providing stable income and an attractive in-place cap rate of approximately 7.5%. This setup makes the offering appealing for both investors seeking cash flow and users planning for long-term occupancy.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 5,632 SF | Typical Floor Size | 2,816 SF |
| Property Type | Office | Year Built | 2005 |
| Building Class | B | Lot Size | 0.14 AC |
| Floors | 2 | Parking Ratio | 3.55/1,000 SF |
| Zoning | Community Commercial - Community Commercial | ||
| Total Building Size | 5,632 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 2,816 SF |
| Year Built | 2005 |
| Lot Size | 0.14 AC |
| Parking Ratio | 3.55/1,000 SF |
| Zoning | Community Commercial - Community Commercial |
Amenities
- Security System
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
1 of 35
Videos
Matterport 3D Exterior
Matterport 3D Tour
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Street
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2191-2195 Northdale Blvd NW
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